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Automotive News Headlines - Yahoo! News
  • US consumer prices up moderate 0.3 percent in December

    US consumer prices up moderate 0.3 percent in DecemberU.S. consumer prices, driven up by rising energy costs, rose moderately in December, closing out a year in which consumer inflation rose at the fastest pace in five years. The Labor Department reported ...




  • Myanmar restricts used car imports

    Almost all of the cars on Myanmar's road are second-hand, 90 percent of them from Japan, even though the two nations drive on different sides of the roadMyanmar has restricted imports of right-hand drive used cars in a bid to boost local production, draw foreign investment -- and phase out notoriously chaotic driving habits. Almost all of the cars on Myanmar's road are second-hand, 90 percent of them from Japan, even though the two nations drive on different sides of the road. The move aims to boost local manufacturing and attract much-needed foreign investment, top priorities for Myanmar's newly elected government.




  • South Africa carmakers see sales growth in 2017 after years of decline

    A worker walks near a row of cars at Nissan's manufacturing plant in RosslynBy Olivia Kumwenda-Mtambo JOHANNESBURG (Reuters) - South Africa's automotive sector, the country's largest manufacturing industry, expects a slight increase in new vehicles sales this year as economic growth gains pace thanks to commodity price rises and a recovery in farming. New vehicle sales are expected to rise by 2.5 percent to 3.5 percent in 2017, Nico Vermeulen, director of the National Association of Automobile Manufacturers of South Africa, told Reuters. Last October South Africa's Treasury forecast growth of 0.5 percent in 2016, accelerating to 1.3 percent in 2017.




  • Czech car output hits new record in 2016

    The Czech Republic is home to three large car plants: Volkswagen's unit Skoda Auto, South Korea's Hyundai, and TPCAPassenger car production in the Czech Republic rose to a new record high of more than 1.344 million vehicles in 2016, trade data showed on Tuesday. Output rose by 8.3 percent over 2015, the third year in a row of increased production, the Automotive Industry Association said on its website. The EU member of 10.5 million people is home to three large car plants -- Volkswagen's unit Skoda Auto, South Korea's Hyundai, and TPCA, a joint venture of Japan's Toyota and France's PSA Peugeot Citroen.




  • Factbox: Global carmakers' operations in Mexico
    Mexico accounts for a fifth of all vehicle production in North America and has attracted more than $24 billion in auto investment since 2010, according to the Michigan-based Center for Automotive Research. Carmakers are attracted by Mexico's unique free trade position as well as lower labor costs. Below are some facts on the operations of the main global carmakers with plants in Mexico.

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